EDI in Medical Billing
EDI stands for Electronic Data Interchange, a standardized method for electronically transmitting claims and related healthcare data between providers and payers.
EDI in Medical Billing Explained
In medical billing, EDI streamlines the submission of claims, allowing healthcare providers to send information directly to insurance companies without the need for paper forms. EDI improves accuracy and speeds up the claims process.
For example, a hospital uses EDI to submit a claim for a patient’s surgery to the insurance company, reducing the time it takes to receive payment.
Learn more about common acronyms and abbreviations in Medical billing glossary.
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